PNC Financial Services Group Inc. Sells 6,739 Shares of Old Republic International Co. (NYSE:ORI)

PNC Financial Services Group Inc. trimmed its holdings in shares of Old Republic International Co. (NYSE:ORI) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 188,207 shares of the insurance provider’s stock after selling 6,739 shares during the quarter. PNC Financial Services Group Inc. owned about 0.07% of Old Republic International worth $6,666,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Caprock Group LLC increased its holdings in shares of Old Republic International by 5.8% during the third quarter. Caprock Group LLC now owns 10,123 shares of the insurance provider’s stock worth $359,000 after purchasing an additional 553 shares during the period. Quest Partners LLC grew its position in Old Republic International by 5,024,500.0% during the third quarter. Quest Partners LLC now owns 50,246 shares of the insurance provider’s stock worth $1,780,000 after buying an additional 50,245 shares in the last quarter. RIA Advisory Group LLC bought a new position in Old Republic International during the 3rd quarter worth $835,000. Natixis Advisors LLC raised its holdings in Old Republic International by 15.2% in the 3rd quarter. Natixis Advisors LLC now owns 61,528 shares of the insurance provider’s stock valued at $2,179,000 after acquiring an additional 8,136 shares in the last quarter. Finally, Huntington National Bank lifted its position in shares of Old Republic International by 381.0% during the 3rd quarter. Huntington National Bank now owns 1,289 shares of the insurance provider’s stock valued at $46,000 after acquiring an additional 1,021 shares during the period. Institutional investors and hedge funds own 70.92% of the company’s stock.

Old Republic International Stock Performance

Shares of Old Republic International stock opened at $38.60 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.31. The company has a market cap of $9.79 billion, a PE ratio of 13.31 and a beta of 0.84. The company has a 50 day moving average of $35.92 and a 200-day moving average of $33.66. Old Republic International Co. has a 1-year low of $27.19 and a 1-year high of $38.65.

Analyst Ratings Changes

Separately, Piper Sandler raised their price target on Old Republic International from $36.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st.

Old Republic International Profile

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business.